The Basic Principles Of Residual Income In Malta - Passive Residual Income

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TopCashBack is an online shopping cash back website where you get a percentage discount on anything you buy online. Everything you do is start at the TopCashBack site then click through one of the 4,000 retailers with a money back program.

These are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you buy. Youre still shopping directly on the retailers site so that you receive the rest of the discounts and bargains they provide, you simply get an additional bonus for going through the TopCashBack site first. .

TopCashBack is a little better with the average cash back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you have to buy stuff to find the money back but its completely free money on the things you were going to buy anyway. .

 

 

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Our next passive income notion is blogging. Im not a big fan of the term blogger as it sounds like youre only writing random notes on a website. In reality, owning your own piece of electronic real estate is large money.

I began my own websites in December 2014 and broke $5,000 per month just two years after. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.

 

 

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Blogging is still going to require work starting out. That route to $5,000 a month didnt happen overnight but only like property development, it build up an advantage that now generates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even when I take a little time off. .

Now Im working on a video to talk about five secrets for starting a blog that Ive learned within the previous four years from how to boost visitors to the easiest ways to earn money so make sure you subscribe to the channel so that you dont miss it when it comes out. .

 

 

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The biggest secret to success in this passive income source however, is to just begin. There are factors like website age that play into getting ranked on Google and the sooner you begin, the better.

 

 

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You can start your website for less than $5 a month using Blue Host and spend just a couple of hours a week to build it while you wait for it to begin producing that income you can count on.

 

 

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Ill leave a link to a special offer by Blue Host below. Dont wait until you need the extra money to start your blog. I was making a grand a month away from my websites within a year of launching even though your site isnt big enough to replace your work, a grand per month is still fairly nice to get a mainly passive income source. .

I talked about this next passive income idea in a recent video on the five investments which let me earn money while stocks were crashing. Bear in mind thatback in February when the stock market plunged 10% within two months I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .

Want to get started in property investing Check out this video where I reveal the four secrets I learned over 20 years as a property investor. Four measures to choose that can guarantee your success! See the video below on YouTube.

 

 

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I began my professional career as a commercial real estate analyst and Ive managed my own rental properties so real estate has always had a special spot in my portfolio. No other asset has created as much long-term wealth as property.

There are a couple of problems with direct investment in real estate though. Its expensive to purchase even a single property, a minimum of tens of thousands of dollars, and theres no way most investors can create a portfolio of different land types and in different regions to protect from these dangers when you have all of your money in just one or two investments. .

StREITwise provides a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is similar to a real estate investment trust in that it holds a collection of possessions but more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic way to diversify your real estate exposure. .

 

 

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The stREITwise 1st stREIT Office REIT invests in high-quality office properties and as of this date of the video, has paid a 10% annualized dividend. The fund helpful site is managed by seasoned real estate professionals that have acquired or managed over $5.4 billion in land and across all real estate types.

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